Somme House, Arras Way, Folkestone
FO

Somme House, Arras Way, Folkestone

By Foundation Estate Agents

£ 262,500

Reviews

3 out of 5 stars

Foundation Estate Agents says ..

Arras Way presents contemporary living balanced with style and state of the art technology working in synergy to create a modern and comfortable living accommodation. This exclusive development offers one and two bedroomed apartments with renewable heating technology, upgraded insulat (cont.)

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom apartment with a total area of 700 sqft. The list price is £262,500. The average price for properties in the area is £267,119, with an average price per sqft of £301. Nearby terraced houses on Bradstone Avenue range in price from £105,000 to £197,000. This suggests that the apartment’s price is at the higher end of the market for the immediate vicinity, but comparable to other apartments in the Somme House development. The apartment appears to be in excellent condition, with modern fixtures and fittings throughout. The images show a recently built, modern development with well-maintained communal gardens. The location is positive, with good proximity to Folkestone Central train station (0.98 KM) and several well-regarded schools within a reasonable distance, including The Beacon Folkestone (Outstanding Ofsted rating). The presence of communal gardens is a positive aspect. However, the plot size of 0.00 sqft indicates a lack of private outdoor space. Considering the property’s modern condition, desirable location near transportation and schools, and the relatively competitive pricing compared to similar apartments in the area, the overall value appears reasonable. The lack of private outdoor space is a potential drawback, but this is offset by the communal gardens.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
10
Location
8
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
700.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
232,813.00 £
Decreased by 16.54 %
from 278,947.00 £
Est sale value
198,100.00 £
Decreased by 20.95 %
from 250,600.00 £
Average area rental value
1,254.00 £/mo
Increased by 17.86 %
from 1,064.00 £/mo
Est letting value
700.00 £/mo
Unchanged by 0.00 %
from 700.00 £/mo
Est rental Yield
6.46 %
Increased by 41.05 %
from 4.58 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Foundation Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Mundella Primary SchoolAcademy Converter0.36 KM
Christ Church Cep Academy, FolkestoneAcademy ConverterGood0.43 KM
Folkestone Early Years CentreChildren's Centre0.50 KM
Stella Maris Catholic Primary SchoolAcademy ConverterGood0.71 KM
The Beacon FolkestoneFoundation Special SchoolOutstanding0.78 KM

Images

Main Picture

Nearby Streets

NameAverage PriceAverage SqftDistance
Palmerston Street £ 150,00000.00 KM
Arras Close £ 000.00 KM
Arras Close £ 000.00 KM
Park Farm Road £ 000.00 KM
St John's Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Folkestone Central5035FKC0.98 KM
Folkestone West5027FKW2.67 KM

Nearby Listings

AddressPriceTypeScoreDistance
Somme House, Arras Way, Folkestone £ 262,500BUY7 / 100.00 KM
Bradstone Avenue, Folkestone, Kent £ 120,000BUY6 / 100.04 KM
Bradstone Avenue, Folkestone, Kent £ 120,000BUY7 / 100.04 KM
Somme House Apartments, Arras Way, Folkestone £ 272,500BUYUnknown0.07 KM
Black Bull Road, Folkestone, Kent CT19 5QL £ 275,000BUY6 / 100.07 KM

Nearby Properties

AddressPriceDistance
47 Bradstone Avenue £ 130,0000.02 KM
50 Bradstone Avenue £ 124,0000.02 KM
29 Bradstone Avenue £ 135,0000.02 KM
28 Bradstone Avenue £ 118,0000.02 KM
49 Bradstone Avenue £ 182,5000.02 KM